Northern Territory Consolidated Acts Northern Territory Consolidated Acts39. Doctrine of ultra vires abolished
(1) The objects of this Division are:
(a) to provide that the doctrine of ultra vires does not apply to
co-operatives; and
(b) without affecting the validity of a co-operative's dealings with others, to ensure that the co-operative's officers and members give effect to the provisions of the co-operative's rules relating to the primary activities or powers of the co-operative.
(2) This Division is to be construed and have effect in accordance with subsection (1).